U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group of Seven advanced economies shared U.S. concerns about China’s use of “economic coercion” against other countries, and …
Tagged By financials
China Bonds Rally as Bank Deposit-Rate Cuts Fuel Easing Bets
China’s government bonds extended a rally and bank shares advanced, after the nation asked commercial lenders to cap some deposit rates in a push to support a bumpy economic recovery. Most Read from …
China’s deflation worries deepen as consumer prices grow only 0.1% in April
Deflationary pressure in China is worsening as consumer prices increased at the slowest pace in two years, suggesting weakness in domestic demand and a long road ahead to full economic recovery.
China Got Lion’s Share of World Bank Contracts, US Agency Finds
Businesses in China received almost one third of World Bank-funded international contracts, in dollar terms, over the past decade, more than 10 times the value of those awarded to US companies, …
PREVIEW China and US debt woes may dominate G7 finance chiefs’ talks
China will be the elephant in the room at this week’s meeting of Group of Seven (G7) finance leaders, who will seek to diversify supply chains away from the country — but also try to…
China’s financial overhaul continues with banking veteran Li Yunze named party chief of new regulatory body
Banking veteran Li Yunze has been appointed as the party chief of China’s new financial regulator, the National Financial Regulatory Administration, amid Beijing’s shift to prioritise financial …
China and US debt woes may dominate G7 finance chiefs’ talks
China will be the elephant in the room at this week’s meeting of Group of Seven (G7) finance leaders, who will seek to diversify supply chains away from the country — but also try to…
China’s Digital Yuan Remains A Curiosity
China’s Central Bank Digital Currency launched with significant fanfare, but the future remains anything but clear as circulation and usage lag.
China exports increase in April
Chinese exports grew 8.5% in April, customs data showed Tuesday, displaying unexpected strength despite weakening global demand.
We remain constructive on China in the medium term, says Deutsche Bank
Stefanie Holtze-Jen of the investment bank says China’s travel recovery is coming from more than just pent-up demand from the pandemic.
China State-Linked Stock Rally Sputters Further on Profit Taking
A scorching stock rally in China’s state-linked companies lost further momentum Wednesday, as investors cashed in on the robust gains recorded by financial behemoths and infrastructure builders.
Sudan conflict delivers fresh blow to China’s African lending strategy
Sudan’s outstanding debts to China stood at $5.12bn in early 2022 … to worsen over 2023 and limit the ability of many African nations to raise the necessary finance both to deliver broader social …
China’s Shift Away From Big Four Auditors Has EY Most Exposed
Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing’s crackdown on US-linked auditors, as it stands to lose about a 10th of its China revenue.